Search Results for: flexible working

London market for flexible workspace outstrips conventional space

London market for flexible workspace outstrips conventional space 0

flexible workspaceThe UK market for flexible workspace has grown 11 percent in just the last 12 months. The main driver of the upsurge is inevitably London, which saw the biggest increase of flexible space at 16 percent and now represents a third of the whole UK market. According to the new research by The Instant Group, traditional occupier inquiries for London grew at a lower rate (nine percent), meaning the supply of flexible workspace in London has outstripped conventional office space by some margin over the last year; a trend the report suggests that seems set to continue into the future. Double digit growth for flexible workspace was also been seen across the UK’s regions, with suburban locations seeing some of the UK’s most aggressive growth in terms of workstation rates and inquiries, despite a 12.5 percent increase in supply, as occupiers have chosen cheaper locations with good transport links over the highly competitive market in central London.

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Job seekers say telecommuting is most desired form of flexible work 0

Home workingAccording to research from Flexjobs, telecommuting has grown 103 percent since 2005 and approximately eighty to ninety percent of the workforce would like to telework at least part-time. Work-life balance (81 percent), family (56 percent), time savings (56 percent), and commute stress (48 percent) are the top reasons people seek flexible work arrangements. Millennials would put flexible working ahead of professional development training, company reputation and a sense of purpose when looking for a job. FlexJobs recently analysed the remote job listings of over 40,000 companies to determine which companies have been recruiting for the most telecommuting positions in recent months. Healthcare, technology and education were the most well-represented industries. The remote job listings at these companies are equally diverse, such as business analyst, product manager, developer, teacher, director of communications and market researcher.

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New guide available on building the business case for agile working

New guide available on building the business case for agile working 0

Flexible working guideFor employers and employees who have yet to persuade senior management of its benefits, the work-life balance charity Working Families has launched a new online guide on how to construct a business case for agile working. The step-by-step guide spells out the argument that flexible working brings; higher levels of productivity which can lead to increased output at no additional cost; staff retention, reducing turnover and the cost of retraining; recruitment opportunities, ensuring you have access to the best talent; and that flexible working is necessary to adapt to future trends. The guide covers the globalisation of work and demand for 24 hour service; changing demographics and attitudes towards work and both the social case and the health and wellbeing case for flexible working. It also provides some evidence and case studies which show that flexible working increases organisational performance and productivity, along with a look at how technology can facilitate changing working styles and bring about change.

Only a third of employers have policies to support working carers

Only a third of employers have policies to support working carers 0

Stressed carersAs baby boomers and Gen X age, more of the working population are responsible for the care of elderly relatives, with some being part of the ‘sandwich generation’, balancing work while caring for older family members and their own children. Yet according to a new survey published today by CIPD/Westfield Health just a third of employers (34 percent) have a formal, written policy or an informal, verbal policy in place to support working carers in their workplace . The report also finds that just 13 percent of organisations offer line manager training to support working carers, which is concerning given the key role line managers play in providing flexibility and support to people with caring responsibilities. With estimates suggesting that 3 in 5 people will end up caring for someone at some point in their lives, employers are being urged to put mechanisms in place to empower and support working carers, before they lose out on key talent; while those employers that do support working carers believe it’s made a positive difference to their culture.

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Coworking continuing to drive workplace change around the world

Coworking continuing to drive workplace change around the world 0

Coworking weworkCoworking continues to be one of the main drivers of workplace change globally and is now becoming mainstream, according to new research from serviced office provider The Instant Group. According to the firm’s Flexible Workspace Review – US 2016 report, coworking grew more than 10 percent across the US over the last year and ‘combination centres’ which offer both executive suites and coworking spaces expanded by 12.9 percent as existing operators sought to take advantage of the growing demand for collaborative and agile workspace. The study claims that the occupation of flexible workspace by corporations has significantly expanded the US flexible office market over the past year, largely driven by the rise of the contingent workforce and changing workplace demands of Millennials. The total market grew by 4.3 percent and now includes 3,596 centres, the largest markets of its kind in the world with the UK following at 3,290 centres.

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Two in five managers oppose employees working from home

Two in five managers oppose employees working from home 0

Costs of homeworkingFlexible working may be growing in popularity among employees but there is evidence of a gap in expectations between employers and employees on where work should take place. A new report from Randstad found that only around a third of UK employees (35 percent) still want to work in the office every day of the week, with a majority (62 percent) wanting the option of working from home. Employers it seems feel very differently, as a report by Cornerstone OnDemand and IDC reveals that cultural attitudes are a major obstacle for the full acceptance of flexible ways of working, preventing employers from viewing it as a legitimate work practice. Two in five line managers (40 percent) admit that they do not want their employees to work from home, and crucially, even if a company facilitates remote working, bosses’ attitudes are keeping their employees in the office, with just 13 percent of employees actually choosing to work from home when given the option.

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Quarter of UK workers would choose home working over pay rise

Quarter of UK workers would choose home working over pay rise 0

Scottish businesses home workingWe reported earlier this week that flexible working has gone mainstream, with over a third of organisations now offering some kind of flexible working arrangement. The question is whether these flexible workers are more productive, as some employers persist in perceiving a flexible working request as a means of ‘shirking from home.’ Now new research to mark National work from home day, shows that 48 percent of workers are happier when they can work from home and nearly a third (32 percent) of British workers ‘feel more productive’ when they do so. The study by the Institute of Inertia, a partnership between comparethemarket.com and the University of Sheffield, found that nearly a quarter (24 percent or 7.5 million) of British workers would rather work from home one day a week than receive a pay rise, while seven million admit they suffer from ‘procrastination or inertia issues’ when working in an office.

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Younger working mothers bear the brunt of maternity discrimination

Younger working mothers bear the brunt of maternity discrimination 0

Pregnancy discrimation at workiAs we’ve discussed before, when female workers have children their career prospects and salaries begin to slip. Having kids young and ramping up your career in your late 30s isn’t an option either as many working mothers find it difficult to secure flexible and well paid work with good career prospects while still in the early years of their career. This is one of the reasons why the average age of mothers in this country is now 34 and rather more controversially, why companies such as Apple and Facebook are offering women the chance to have their eggs frozen. More disturbingly though, research by the Equality and Human Rights Commission has found young mothers are significantly more likely to experience pregnancy and maternity discrimination, with six times as many under 25 year olds than average reporting being dismissed from their jobs after they tell their employer they are pregnant.

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How and why Millennials are shaping the future of remote working

How and why Millennials are shaping the future of remote working 0

Young workersThe future is here. Millennials, the youngest generation in the workforce, are now the majority generation at work. Their potential impact has been discussed for decades, but we’re finally seeing results, as this generation not only enters the workforce, but assumes management-level roles, makes their voices heard, and shifts how we approach work. But why does the Millennials attitude and approach to work have such an impact on how, when, where, and why we all work? And why should employers pay attention? It’s because this generation is shaping remote working. They’ve got sheer numbers behind them. In 2015, Millennials surpassed Generation X to become the largest generation in the American workforce. The vast majority of Millennials want flexible work options, especially the ability to work remotely. In survey after survey, Millennials, more than any generation previously, say that work-life balance and remote work is important to them.

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Dramatic rise predicted for the number of UK men working part-time

Dramatic rise predicted for the number of UK men working part-time 0

Flexible workingAs we reported yesterday, just 1 percent of working men have availed themselves so far of the right to Shared Parental Leave (SPL) but it seems this doesn’t necessarily mean that men don’t want to adopt more flexible working patterns. A new report, Working Futures, published by the UK Commission for Employment and Skills (UKCES), projects that the number of part-time male workers is set to increase by 20 percent by 2024 – nearly three times more than the projected growth in part-time female workers (7 percent), and this growth is particularly significant for men in professional or management roles, where an increase of 25 percent is projected. This marks a substantial change in the working patterns of men in highly paid, highly skilled roles. Women by contrast are set to become more career focused – with a rise of 7 percent in the number of women working full-time, compared to just 3 percent for men.

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Flexible workspace underpins Hong Kong’s status as Asia’s hub

Flexible workspace underpins Hong Kong’s status as Asia’s hub 0

Hong KongDespite the challenging cost of real estate and general commercial life in Hong Kong, startup activity in the city has seen exponential growth in the last few years, fuelled in part by new and innovative approaches to occupying workspace. The conventional Hong Kong office market is, famously, the most expensive of its kind – making it challenging for small and medium sized businesses to enter the market via this form of space.  Despite this, the region’s startup scene is booming. According to an InvestHK survey, over 1500 startups bloomed in Hong Kong in 2015, which is a 46 percent increase compared to the previous year. And those numbers are likely to keep growing. So the question is, how do cash-strapped entrepreneurs, startups and other businesses manage to establish a base in this thriving city, despite these challenges, and what lessons does Hong Kong’s experience have for the rest of the world?

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Graduates value flexible work and innovative office spaces over pay

Graduates value flexible work and innovative office spaces over pay 0

Young workersThere’s been a lot of assumptions and predictions made about Millennials, and the upcoming generation of workers dubbed Gen Z. They’re alternately spoilt with a sense of entitlement or have a zeal for change and strong social conscience. So while there is a danger of stereotyping this diverse group, employers still need to work out the best way to attract and retain the most talented. Today’s graduates have enjoyed much higher quality university accommodation and facilities than previous generations, and the flexibility of the modern day campus is clearly influencing their work choices. Unlike the generation before them, recent graduates place double the importance on flexible work and work-life balance than they do on their earnings to chart their success. A Bright Network study of over 2,000 of the country’s top graduates also found that high priority was placed on a clear path for advancement over and above high earnings.

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